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20121202
20121210
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KTVU (FOX) 25
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democratic gains in the senate and mr. obama's victory a "status quo election," the republican proposal would raise half the amount as the president's plan and save $350 billion from medicare and medicaid. however, at the chicago fed, a gathering of 39 individuals from banking and manufacturing industries - including automakers and other sectors - say the economy is strong enough - barely - to withstand either party's direction. "the vast majority think the fiscal cliff's impact will not be enough to drive us to recessionary measures." the chicago fed forecasts the economy will grow at 2.3% next year; unemployment will drop to 7.6%; new housing starts, often a key indicator, will increase to 950,000 new units; and vehicle sales will get a boost - all good news for the midwest. "with 13% of the population, we produce 30% of the vehicles. forecast is for 3.5% growth, which is 15 million units." also, the fed's economic forecasters say by the end of 2013, the price of west texas crude oil will rise about $4 higher than it is now. so overall, a gradual improvement - not fast enough or robust enou
campaigned for re-election on the idea of a, quote, balanced approach, end quote, to deficit reduction, a mixture of tax increases and spending cuts. here's the plan that the republicans say you presented to them. >> i can tell you what i presented. it will be helpful. >> chris: let me -- >> it is our plan, let me do it. let me explain it. >> chris: i'd like to ask you about this part of it and you can tell me. >> okay. >> chris: $1.6 trillion in tax increases. more than $80 billion in new stimulus spending, next year, and, unspecified nonguaranteed spending cuts. question, is that your idea of balance. >> it is, let me explain what is in the explain they didn't report to you and explain, to people, which is, we propose alongside the trillion dollars in spending cuts we agreed with republicans, last year, on defense and a range of other government programs, proposed $600 billion of detailed reforms and savings, to our health care and other government programs, that is $600 billion. in fact, the health care savings in that plan, are larger than the plans we have seen republicans in the
. > > thanks angie. newly-elected massachusettes senator elizabeth warren will reportedly take a seat on the senate banking committee. the huffington post reports warren has been selected to join the committee starting next year. warren, a major advocate of wall street regulation and cracking down on big banks, won the race for senator in massachusettes in the november election. she also helped launch the consumer financial protection bureau in 2010. two seats will be open on the banking committee after the year wraps up. 2012 is turning into a very profitable year for banks. the latest numbers show bank profits increased 9.4% in the 3rd quarter - the most in any quarter during the past 6 years. fdic reports the industry earned $37.6 billion, up 6.6% from last year. loan balances edged up .9% to $64 billion. the improving numbers are viewed as a sign banks are gaining strenghth and lending is showing signs of life. after the craziness of black friday, or more accurately what is becoming a "black weekend" of shopping following thanksgiving, retailers face a lull. trying to keep consume
. senator corker, given that president obama won the election, and seems to have most of the political leverage, what is the realistic deal to be made in the next 23 days? >> first of all, i think something will happen. i hope it is large enough for people like me that want to see entitlement reform to vote for. the president has leverage and the republicans have leverage with the debt ceiling and the c.r. which ends in march and hopefully cooler heads will prevail. there are different theories coming forth on how to deal with this and again, chris, it is a unique moment in history, where every developed country in the world, economists on both sides of the aisle, know the greatest threat to our country is fiscal solvency and we have a situation where the minority party is trying to leverage the president into doing something that is great for our nation and it is a very unique time and i hope the president soon will see the light. >> chris: senator schumer, three weeks left. what is the compromise and, this is the important part, that both sides can live with, on taxes, spending cuts,
are twoing to find going to get it without it going back up. >> seven weeks between election day and the end of the year. and three of those weeks have been wasted. >> the house speaker want on to say he was flabbergasted by the plan. they say tell take another week for serious negotiations to begin. >>the supreme court may announce tomorrow if it will review california's prop 8 case over same sex marriage. the justices met behind chosed doors on friday but took no action on prop 8 or other casees. if the court declines to review prop 8 it will be immediately legal for same sex couples to marry in california f. it takes it up for review a final decision can change it up in every state. >> lawmakers in sacramento begin a new section with promises not to raise taxes. democrats won a majority in both houses in the election. it allows them to raise taxes with little concern of republican opposition. leaders will avoid dog that considering voters just passed prop 30 as l. the republicans and governor brown say they will be watching the democrats to keep it in check. >>> lawmakers are honoring nev
years joomple election workers began tedious recount of ballots today in alameda county of of narrowly defeated transit tax. measure b1 would have increased the county transportation sales tax from a half cent to a full cent to pay for trance ate road improvement. if failed by a fraction of a percent or fewer than 800 of the half a million votes cast. sporers are footing the bill to have all of the ballot rest counted. >> with a recount, any voter in the count county can request a recount. they have to pay for it. in this case the proponents are paying somewhere around $7500 per day to do the recount. >> both sides are monitoring the recount and can challenge decisions on individual ballots. election officials say the recount could take weeks. >>> new, the housing market is heating unacross the bay area. now realtors are looking for ways to take advantage of that. we're in walnut creek where agents are getting creative in finding new ways to sell. >> reporter: this is one of very knew homes for sale in walnut creek. prices are rise hearing. nationally sales are up as well. tuesday'ss i
, all he did was win. in 2000, the year that joe montana was elected to the pro football hall of fame, ktvu joe fonzi brought us this story of his career. montana is rolling out the right. looking towards the end zone, throws it past them there. caught by clark. and right back at it as they have it for the 49ers! >> no single event is what they were and what they would become when joe montana's touchdown pass right there in the 1982 nfc championship. they now know it as the catch. that day, it was like nothing that i have witnessed in 22 years. and just the spontaneous explanation for them ignited. also introducing the bay area here for the new young heros. >> and we just knew that we had to keep pressure on them. we didn't want to give them momentum. >> i just had one part of it, you know, for all of them. >> some thought that they were actually throwing the ball away. but today, he says even back in summer camp he had them in the park working on that play. >> i'm office dead tired for them. he is tired to run the routes all day. we know what the importance of the play would be at th
from violent drug cartels. our cover story takes look at nieto's priorities. mexico's newly-elected president enrique pena nieto who visited the white house last week, inherits a war within his country. this youtube video posted two months ago describes drug cartel hitmen capturing sections of juarez, across the border from el paso. "part of mexico's problem is that it's affected by the us, by our drug policies." pena nieto vowed to cut mexico's murder rate in half by replacing poorly-paid local police with a centralized force. some say that may address the symptoms but the cause. "you've got to pay the police well or they'll become corrupt.combine that with our drug policy which fosters illegal supply with demand and it worsens mexico's situation." despite gruesome crime scenes, mexico is a good bet to pimco, which now owns more than half of mexico's fixed rate peso bond market. a fifth of its population has now reached the middle class. carmakers, volkswagen, nissan honda and mazda are planning to spend billions on new plants in mexico. "i think there are some concerns that us l
, something truly creative is going on. these workers are really not demanding a union election vote or a collective bargaining agreement. they are talking about raising standards. they are talking about conditions that are poor and trying to put some pressure on these employers to raise those up. > are the conditions that poor? is the working wage that awful? > > this wage is pretty bad. we are talking about very profitable companies, very profitable industries, in most metropolitan areas; and these workers, on average, will bring in roughly around $22,000, $24,000 a year. and for about half these workers, they are the principal breadwinners. that is about $9-something an hour, without benefits. so it's pretty bad. > > here is a statement coming from rob karr. he is a lobbyist with the illinois retail merchants association. he says the current minimum wage is "more than fair. it is really hard on retailers and depriving young people of job opportunities." what do you think about that? does he have an argument? > > no. none whatsoever. the minimum wage is not a liveable wage, so it's
the election, nine states have authorized same sex marriage. still at issue are benefits but the supreme court says they will also determine whether the government can deny benefits they took a federal case and a state case, it's going to be the big constitutional question. >> this law professor says if there's a swing vote o on the court, it's justice roberts. >> he's from a different generation. he's in a cultural sense, he's working with talented gay lawyers his entire career. he e knows gay people can raise children. >> and it was not revealed what justices voted to hear the case. arguments are expected to be heard in the spring with a ruling scheduled for june. >> governor jerry brown attended an event in oak lands where he made a brief comment o on the the decision o to review prop 8. >> i think the arguments have to be sglaed as the attorney general, brown has refusesed to defend proposition 8 saying it discriminates against same sex couples. >> today's decision affects thousands o of same sex cuppings in the bai bay area. patty talked to some of these couples. >> there was mixed
of supervisors -- appointed to the board of supervisors after mirkarimi was elected as sheriff. >>> fund-raising records were shattered by both president obama and mitt romney raising more than $2 billion. campaign finance recordsrd show president obama raised $1.1 million. mitt romney was close behind with 1.01 million. >>> a month -- a month after being re-elected president obama's rating is up to 57%. that's the highest rating since navy s.e.a.l.s killed osama bin laden. >>> 7:35. the national football league says it would help the oakland raiders, build a new stadium. roger goodell says it is crucial that the raiders approve their stadium situation and that the nfl would help for a new one. the raiders have held talks about a new stadium but no progress has been reported. >>> changes could be coming to the nfl next year. why some want those kickoffs to be eliminated and what might replace it. >>> an 18-year-old palo alto man is in jail that injured three people. two people were hurt. one man was arrested. they suspect road rage or a dispute. >>> darnell and tanya washington are in co
at christmas time. >>> mexican president-elect enrique pena nieto took office today talking about the challenges that face his nation. >> we are a nation that is going at two different speeds one that is progress and development, but there is another mexico, that lives in the abandonment and poverty. >> president nieto says the inauguration marked the return of the institutional revolutionary party after 12 years out of presidential mansion. at least four demonstrators and four police officers were injured. 65 people were arrested. those opposed to mr. nieto says he used handout and giveaways to sway voters. . >>> authorities say a linebacker for the kansas city chiefs killed his girlfriend and turned the gun on himself in front of his coach and manager. police arrived at practice facility when he saw jovan belcher with a gun to his head. >> he heard that they had been arguing in the past as far as recently they had been arguing before the shooting occurred this morning. >> belcher and his girlfriend leave behind a 3-month-old daughter. the baby is being cared for by relatives
system. >> they had a light system, and elect calling that -- electrical that was beyond anything i have seen in my experience for these indoor grows. everything was wall to wall marijuana plants and it was a pretty big one. >> reporter: police say the people responsible had tapped the wires into pg&e so they would not be suspicious. the fire department was called in for a short time because jugs of chemicals were found in the bathroom but it was determined those jugs of chemicals were fertilizer and they deemed them safe. they say it was worth $100,000 but again, just the stalks were left and the people responsible took off with the plants. $7million was found in the home and now police officers are putting all of those things into evidence and a narcotics unit will be back out to find out who is responsible for this indoor grow house. queen mean della vega ktvu channel 2 morning news. >> -- jeanine della vega ktvu channel 2 morning news. >>> everything was shut down last night by a power outage. crucifixioned it this morning. -- crews fixed it this morning. as you can imagine commuters
will be speaking at a fan forum at oracle arena. season ticket holders were elected to be part of it. it will include former stanford john elway and some of the raiders grates, as well as howie long. they will take another step closer to finishing their new stadium. coming up, the signing ceremony that will mark a very special occasion. >>> a beautiful commute so far, how is it looking? >>> we have the on ramp not causing any problems but crews will have to get in there and get out that crash. this is down at the peninsular, and we have a look at the area with three lanes closed on 101 hills dale boulevard and it is slow going across the san mateo bridge. also in the dumbarton, we have construction eastbound so be aware of that and i am opening up shortly though. >>> and we have a look at the bay bridge toll plaza, back down on the south bay, 880 split, you can see traffic looks good in all directions. here is steve. >>> we have low cloud desk, there are other areas brandon and pacifica. man, it is thick here and there are some areas where fog is an issue and it is misty, fog sun, mu
by more dishwasher brands worldwide. . >>> welcome back, a popular blogger took a photo of an elected official in a bathroom. he pled not guilty, after posting a photo of skott weaner inside a bathroom adding he tried to photograph him at a urinal. >> it's okay to exercise your first amendment rights and to protest and agree but it is not okay to invade people's privacy in the way he did it in this particular case. >> he said it was a photo of a man at a sink. he was told to stay away from the supervisor and the blogger is due back in court january 27th. >>> they are taking a big step and this is what they call topping out. they will steel the beam at its -- steer the beam to its highest point. matthews will be among the dignitaries there. >>> and some say there is nothing like being home for the holidays and that's what the animal shelters want for hundreds of dogs and cats. the san jose animal care center was designed to hold 28 dogs and right now they have more than 100 there. to help families adopt a new pet, the shelters are dropping their adoption fees. they can pick out a new
elections. >> three states legalized same- sex marriage. so the tied is shifting. >> i want it to be tackled. i want to be married in any state. >> reporter: so for now it leaves same-sex couples in legal embow. ktvu channel 2 news. >> now to ktvu's eric rasmussen on the case before the court and how it could come down to one vote. >> reporter: and the supreme court could rule in a way that limits its decision to california, banning gay marriage or allowing it, which is what they did a year ago when they struck down proper 8 but they could also rule in a more sweeping way, making a declarations, still a political hot potato here in california. >> reporter: in oakland governor jerry brown didn't want to talk about gay marriage going to the supreme court. >> reporter: do you think it is a good thing? >> i think it is good you are inquiring about it. the arguments have to be made. >> tremendous momentum. >> reporter: in san francisco he had plenty to say. as mayor in 2004 he declared gay marriage legal and conducted same-sex marriage weddings. now he thinks the justice could be the one who deci
pleadly if the court denied review. activists say they feel some momentum from the november elections. >> three states legalized same sex marriage just a month ago. the tide is shifting. >> i want it to be tackled. i want to get married and i want to be married in any state. >> many people say they are happy the court will address the issue but they say they understand that the possibility the ruling may go against the very thing they are fighting for. >> opponents of same sex marriage believe the justices will see things there way. >> we are confident that the court is going to up hold the right of the people to amend their own constitution. >> the man who wrote proposition eight said the court shouldn't go against the measure that 7 million california voters approved. >>> we have much more on the court case coming up at 7:30. how the decision on same sex marriage ban could come down to one vote and the division among states on this issue and you will always find more informationon our website. >> in concord a state boarder has died after being hit by a vehicle. it happened ye
miles from jail. >>> president obama due on election results to say americans support his approach to prevent falling off the fiscal cliff. >> they agreed with the balanced approach that asked something from everyone, but a little more from those who can afford it the most of the it's only way to put our economy on a sustainable panel without asking even more from the middle-class. >> florida senator marco rubio responded with a call for limited government, reform in the tax code and the goal of creating new taxpayers, not new taxes. >>> president obama has outlined what corporations can do to help the nation celebrate his inaugural in january. while taxes pay for the swearingin, festivities are privately funded new hampshire 2009 mr. obama refused corporate donations and he is now accepting them in packages up to $1 million. . >>> former south of canpresident nelson mandela was admitted to a hospital. current president of south africa says there was no cause for alarm by the4-year-old's health. mandela spent 27 years in prison for fighting fighting apartheid in south africa. >>>
their social media skills to push elected leaders to take action. he says take part, or these old coots will clean out the treasury before you get there. >>> a bay area blogger goes to the toilet after snapping a photo in a bathroom. >> a judge's ruling in the case of privacy, vs. first amendment rights. >> we're going to explain how nesting birds have created a $5 million problem for bart. -what's up? i'm chris. -and i'm erik. both: we're the fruit guys! back in 1998, we had this idea to deliver fresh fruit to offices in downtown san francisco. we built these wooden crates, filled these with fruit in my one-bedroom apartment. the fruit guys has been with bank of america since they first started. we work with them to help them grow and succeed. we're coming up on 50 employees and delivering to thousands of companies every week. i would definitely say this is a fruitful business. >>> homeowners in the south bay and the santa cruz mountains are cleaning up from mother nature's wrath. pine hill road reopened today after being closed for three days. homeowners say they're not getting the ma
day at the nation's capital. hundreds of representatives are taking part in a post election truidation. they are -- tradition. they are switching office space and taxpayers are picking up the bill for the moving stations. >> reporter: the u.s. house floor is minute tonight, congress running home for a lung weekend. behind the scenes we learned 200 u.s. house members are swapping office space. in some cases moves have to be made. another senior member of congress says she is moving for another prettier view and staffers say some want offices offices for more stattier. this could be costing taxpayer money. there are 6,000 pieces of furniture and when members move, the furniture gets moved with them, lot of money and man power spent on this office shifting. it will cost $600,000 this month ago. >> one wimbledoners if it is necessary -- wonders if it is necessary. their money is being spent so a congressman can move down the hall to make him feel better about his position. >> reporter: u.s. house leaders stage a lottery contest to divvy out office choice and members of congress attend it i
by republican presidential nominee mitt romney in the final weeks of the election. that final paoás -- boost posted the campaign total to a record high. >>> the network grew from july to september. that's a 2.7% increase to $64.8 trillion. network is still prerecession peak. a good reason why the reserve will provide better economic stimulus. >>> tonight she is accused of taking advantage of a woman in her care. ktvu's patti lee tells us who finally cracked the case for an elderly victim unable to fend for herself. >> reporter: 49-year-old marianita capra managed marin terrance that is until yesterday when police arrested her. >> we determined there was some odd financial transactions taking place and began investigation to see if there was criminal activity. >> reporter: capra targeted an 83-year-old woman who had no family but did have a financial advisor who reported a strange number of purchases that her client couldn't have made. >> the list compiled was in excess of $40,000 but it may be higher than that. >> reporter: police went through capra's home and removed ed. - - removed evidenc
a power grabby the newly elected president and a new constitution which they say rolls back the rights of women, religious minorities and others. >>> in washington republicans are split on how to avoid the fiscal cliff. ktvu house smoker john boehner could be facing an uphill battle within his own -- >> reporter: speaker boehner -- certainly talk here that some republicans could revolt if speaker boehner caves to pressure from the white house to raise tax rates on the wealthiest 2% of americans. and while he's certainly had not agreed to that some are promising to block it. tea party favorite jim says giving into democrats to avoid the fiscal cliff is a temporary solution he's not willing to support. >> republicans should not be conceding the federal government needs more money. >> reporter: we will be hearing from democrats shortly. minority leader nancy pelosi is holding a news conference. we'll have that for you during our next update. reporting live from washington, d.c. alison burns ktvu channel 2 news. >>> a los angeles area fire house is under fire for letting an exdeny letting
re-election campaign that we would not reach that point but we're -- but we're certainly getting closer. we just learned the president is rejecting the latest counteroffer from republicans. democrats believe they can force republicans to vote on tax increases. house minority leader, nancy pelosi, could be filing the necessary paperwork in a couple of hours. reporting live from washington, d.c., alison burns, ktvu channel 2 news. >>> 7:15. right now, president obama is meeting with a bipartisan group of governors at the white house. reportedly, the governor has requested the meeting with the president. they want to urge president obama to work with congress on a solution to the fiscal cliff. in the afternoon, the same group of governors will meet with john boehner. california governor jerry brown is not among the group. >>> 7:15. the owner of the drake's bay oyster company is plotting a legal response to the federal decision to shut down his operation. he said he will not give up. the operating permit expired last month at the national seashore. the company was told it will have t
was in a san francisco courtroom to face charges for taking a photo of an elected official in a bathroom. the blogger pleaded not guilty to misdemeanor disorderly conduct yesterday after posting a photo of supervisor scott wiener inside a city hall bathroom last october. there's the photo. the blogger often criticizers scott wiener on political issues. his attorney says the photo does not overstep any boundaries. >> we'll be fighting this case and think that despite the fact that the photograph was taken, we're talking fundamentally about a photograph of a gentleman at a sink. >> scott wiener says the photo is an invasion of privacy. the blogger is ordered to stay 150 yards awayed from supervisor. the blogger is due back in court on january 7th. >>> there's some delays at sfo, tara. >> yeah, we have some flights running 15 minutes behind schedule. so check with your carrier before you live. >>> this is the east shore freeway. traffic is flowing nicely there side as you make your way to the macarthur maze. we've had backup since 6:00 this morning so give yourself some extra time. 237, mil
lost the election back in november. >>> if you are headed out the door, maybe grab a light jacket. you said it will warm up a bit. >> grab something you can tie around your waist later. you will be removing it. we have warmer weather into the afternoon. chilly start. and not as cold in most areas. still quite cold and near 50 degrees as we get to the #:00 hour. it is low 60s by the afternoon. mid- to upper 60s. ridge of high pressure will maintain the dry weather. northerly breeze strengthens and gusty conditions. they will relax a little bit better today and good looking day. 66 in san jose. low 60s out at candlestick if you are watching the 49ers play. we will see a repeat tomorrow. couple of good looking days. we will get into the evening hours. uncreaseing clouds and there comes the wet weather again. showers in the forecastle and from what i can tell, it is early morning and that could be a little slick. it is a colder storm. it is going to be chilly. >> this one is colder. >> lower snowfall levels for this year. >> good news. thanks, rosemary. >> thank you for trusting channel 2,
Search Results 0 to 24 of about 25